International Finance

Paper Code: 
AAF 415
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the role of international institutions and the monetary system.

10.00

International Finance: Meaning – Scope of International Financial Management –Factors contributing to growth in International Finance–importance, methods of payment, letter of credit – Types, parties, procedure. Difference between Domestic & International finance

10.00

International Financial Market: Meaning and functions of Financial Market. Recent Changes in Global Financial Markets, International financial instruments (Elementary Knowledge) – Euro notes, Euro commercial papers, Euro bond, ADR and GDR.

10.00

International Monetary System- Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements.

8.00

IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress and Criticism.

7.00

IFC & IDA, ADB- Objectives, Roles, Functions and Achievements

Essential Readings: 

• Avadhani, V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.

• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.

• Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, New Delhi

• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, New Delhi

• Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.

References: 

• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.

• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.

• Sodersten B, “International Economics”, Macmillan, London.

Academic Year: